Impinj, Inc. (NASDAQ:PI) Receives $226.33 Consensus Target Price from Brokerages

Shares of Impinj, Inc. (NASDAQ:PI) have been assigned a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $226.3333.

PI has been the subject of several recent research reports. Weiss Ratings restated a “sell (d)” rating on shares of Impinj in a report on Wednesday, October 8th. Barclays raised their target price on shares of Impinj from $200.00 to $211.00 and gave the company an “overweight” rating in a research note on Wednesday, November 5th. UBS Group assumed coverage on Impinj in a research note on Friday, November 7th. They issued a “neutral” rating and a $200.00 price target on the stock. Wall Street Zen downgraded Impinj from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Finally, Piper Sandler lifted their price objective on shares of Impinj from $180.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd.

Impinj Price Performance

Shares of PI stock opened at $168.60 on Friday. Impinj has a 12 month low of $60.85 and a 12 month high of $247.06. The company has a market capitalization of $5.08 billion, a P/E ratio of -383.17 and a beta of 1.50. The stock has a 50 day moving average of $172.76 and a two-hundred day moving average of $163.03. The company has a current ratio of 2.67, a quick ratio of 1.97 and a debt-to-equity ratio of 0.94.

Impinj (NASDAQ:PI) last posted its earnings results on Wednesday, October 29th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.50 by $0.08. Impinj had a positive return on equity of 8.15% and a negative net margin of 3.45%.The business had revenue of $96.06 million during the quarter, compared to the consensus estimate of $92.71 million. During the same quarter last year, the company earned $0.56 EPS. Impinj’s revenue was up .9% on a year-over-year basis. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. As a group, equities analysts expect that Impinj will post -0.47 EPS for the current year.

Insider Buying and Selling at Impinj

In other news, insider Sylebra Capital Llc sold 134,629 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $150.36, for a total transaction of $20,242,816.44. Following the completion of the transaction, the insider owned 1,132,152 shares of the company’s stock, valued at approximately $170,230,374.72. The trade was a 10.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last 90 days, insiders sold 697,450 shares of company stock valued at $110,643,153. Company insiders own 51.00% of the company’s stock.

Hedge Funds Weigh In On Impinj

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. HighTower Advisors LLC raised its position in shares of Impinj by 17.2% in the 1st quarter. HighTower Advisors LLC now owns 4,934 shares of the company’s stock worth $448,000 after acquiring an additional 723 shares in the last quarter. Northern Trust Corp grew its position in Impinj by 0.4% in the 1st quarter. Northern Trust Corp now owns 251,891 shares of the company’s stock valued at $22,847,000 after purchasing an additional 953 shares during the period. EP Wealth Advisors LLC grew its holdings in shares of Impinj by 40.9% during the first quarter. EP Wealth Advisors LLC now owns 2,287 shares of the company’s stock valued at $207,000 after buying an additional 664 shares during the last quarter. AWM Investment Company Inc. increased its position in shares of Impinj by 23.1% during the first quarter. AWM Investment Company Inc. now owns 218,171 shares of the company’s stock worth $19,788,000 after acquiring an additional 41,000 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its position in Impinj by 39.9% in the 1st quarter. Advisors Asset Management Inc. now owns 491 shares of the company’s stock valued at $45,000 after acquiring an additional 140 shares in the last quarter.

About Impinj

Impinj, Inc, headquartered in Seattle, Washington, develops Radio Frequency Identification (RFID) solutions designed to connect everyday items to the internet. Founded in 2000, the company pioneered RAIN RFID technology with a focus on transforming supply chain and inventory processes across retail, healthcare, airport baggage handling and manufacturing. Impinj’s platform comprises RAIN RFID tag chips, fixed and handheld RFID readers, gateways, antennas and connectivity modules that enable real-time visibility of tagged items.

Impinj’s product portfolio is built around its core RAIN RFID ecosystem, offering tag chips for high-volume production (Monza series), reader chips for integration into third-party devices and complete reader and gateway systems (Speedway series and xArray).